2024-09-27T09:27:20-04:00 2023-12-31 030340114 MUDGETT JENNETT & KROGH-WISNER 141 MAIN ST STE 2 MONTPELIER VT 05602 990 2023-01-01 030220781 THE AMERICAN MUSEUM OF FLY FISHING INC AMER 8023623300 PO BOX 42 MANCHESTER VT 05254 SARAH FOSTER EXECUTIVE DIRECTOR 8023623300 2024-09-26 true true ERIN J PACKIE CPA P01442458 8022299193 2024-09-27 2023 2024-10-15 13:58:12Z SARAH FOSTER PO BOX 42 MANCHESTER VT 05254 668156 false X WWW.AMFF.ORG X 1968 VT THE AMERICAN MUSEUM OF FLY FISHING IS THE STEWARD OF THE HISTORY, TRADITIONS, AND PRACTICES OF THE SPORT OF FLY FISHING AND PROMOTES THE CONSERVATION OF ITS WATERS. THE MUSEUM COLLECTS, PRESERVES, EXHIBITS, STUDIES, AND INTERPRETS THE ARTIFACTS, ART, AND LITERATURE OF THE SPORT AND USES THESE RESOURCES TO ENGAGE, EDUCATE, AND BENEFIT ALL. 26 26 11 28 0 575114 546266 21053 21118 25619 16774 11674 12591 633460 596749 0 0 381292 399286 0 119718 406960 386927 788252 786213 -154792 -189464 2655424 2669691 8529 7020 2646895 2662671 X THE AMERICAN MUSEUM OF FLY FISHING IS THE STEWARD OF THE HISTORY, TRADITIONS, AND PRACTICES OF THE SPORT OF FLY FISHING AND PROMOTES THE CONSERVATION OF ITS WATERS. THE MUSEUM COLLECTS, PRESERVES, EXHIBITS, STUDIES, AND INTERPRETS THE ARTIFACTS, ART, AND LITERATURE OF THE SPORT AND USES THESE RESOURCES TO ENGAGE, EDUCATE, AND BENEFIT ALL. false false 375524 9315 MAINTENANCE OF EXHIBITS - THE MUSEUM MAINTAINED AND DISPLAYED EXHIBITS TO PRESERVE HISTORICAL FLY FISHING ARTIFACTS AND MEMORABILIA AND TO PROVIDE AN OPPORTUNITY FOR PUBLIC EDUCATION REGARDING THE HISTORY OF FLY FISHING. 48414 9878 JOURNAL AND PUBLICATIONS - THE PUBLISHING OF FLY FISHING LITERATURE IS AN IMPORTANT MEANS OF EDUCATING THE PUBLIC ABOUT THE HISTORY OF FLY FISHING. 32378 1925 EVENTS, SHOWS & COMMUNITY RELATIONS - THE MUSEUM HOSTS COMMUNITY ORIENTED EVENTS CENTERED AROUND FLY FISHING EDUCATION. 456316 true true false false false false false true false true true false false true false true true false false false false false false false true false false false false false false false false false false false false false true true false false false false false false false true 10 0 11 true false false false false false false false false X 26 26 true false false false true false false true true false false false true false false false false true true false X SARAH FOSTER EXECUTIVE DIRECTOR 8023623300 4104 MAIN STREET MANCHESTER VT 05254 SARAH FOSTER EXECUTIVE DI 40.00 X 78150 0 33743 FREDERICK S POLHEMUS PRESIDENT 3.00 X X 0 0 0 MARK COMORA VICE PRESIDE 1.00 X X 0 0 0 GARDNER L GRANT JR VICE PRES, T 1.00 X X 0 0 0 ANDREW W WARD VICE PRESIDE 1.00 X X 0 0 0 JAMES C WOODS SECRETARY 1.00 X X 0 0 0 FOSTER BAM TRUSTEE 1.00 X 0 0 0 DAVE BEVERIDGE TRUSTEE 1.00 X 0 0 0 PETER BOWDEN TRUSTEE 1.00 X 0 0 0 SAL CAMPOFRANCO TRUSTEE 1.00 X 0 0 0 ANTHONY DAVINO TRUSTEE 1.00 X 0 0 0 RONALD GARD TRUSTEE 1.00 X 0 0 0 BILL HESPE TRUSTEE 1.00 X 0 0 0 KAREN KAPLAN TRUSTEE 1.00 X 0 0 0 ROBERT A ODEN JR TRUSTEE 1.00 X 0 0 0 ROGER RICCARDI TRUSTEE 1.00 X 0 0 0 ROBERT SCOTT TRUSTEE 1.00 X 0 0 0 JASON SCOTT TRUSTEE 1.00 X 0 0 0 RONALD STUCKEY TRUSTEE 1.00 X 0 0 0 TYLER S THOMPSON TRUSTEE 1.00 X 0 0 0 RICHARD G TISCH TRUSTEE 1.00 X 0 0 0 ADAM TRISK TRUSTEE 1.00 X 0 0 0 PATRICIA WATSON TRUSTEE 1.00 X 0 0 0 THOMAS WEBER TRUSTEE 1.00 X 0 0 0 STEVE ZORIC TRUSTEE 1.00 X 0 0 0 JAMES BEATTIE TRUSTEE 1.00 X 0 0 0 HEATHER POST TRUSTEE 1.00 X 0 0 0 78150 33743 false false false 58253 197816 61043 229154 28959 546266 EVENTS, SHOWS & COMMUNITY REL 900099 9878 9878 ADMISSIONS 900099 9315 9315 JOURNAL 900099 1925 1925 21118 10338 10338 6436 6436 6436 6436 53971 197816 53971 23667 17436 6231 6231 OTHER 900099 6360 6360 6360 596749 40145 10338 111893 76087 12308 23498 221795 150821 24397 46577 34297 23322 3773 7202 31301 21285 3443 6573 14600 14600 39179 12748 26431 46192 10640 23096 12456 19706 2364 15766 1576 18140 9070 9070 14566 1457 13109 5301 5301 50457 37843 10091 2523 7597 3799 3798 PRINTING & PUBLICATIONS 48414 48414 DEVELOPMENT INITIATIVES 37643 20327 2259 15057 REPAIRS & MAINTENANCE 27937 13969 13968 WONDERS OF WILDLIFE 16902 8451 8451 40293 15719 20318 4256 786213 456316 210179 119718 114468 104455 10000 14398 10183 10666 771 8022 2274342 977225 1347574 1297117 962947 1025552 209481 209481 2655424 2669691 3529 1645 5000 5375 8529 7020 X 2634970 2654322 11925 8349 2646895 2662671 2655424 2669691 X -189464 205240 X false true X false false X 511161 495660 409759 575114 546266 2537960 286105 201013 134010 50505 51145 722778 797266 696673 543769 625619 597411 3260738 334456 230922 150378 161163 231979 1108898 171854 171854 506310 230922 150378 161163 231979 1280752 1979986 11807 6705 11644 18399 10338 58893 11807 6705 11644 18399 10338 58893 809073 703378 555413 644018 607749 3319631 0.59640 0.55230 0.02000 0.02000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X false 962947 211935 149330 1025552 1183166 -170219 50000 962947 970541 212625 1183166 1001310 5134 35903 970541 809868 30000 161442 1001310 1.00000 false false 350000 350000 1802320 887150 915170 38605 36463 2142 83417 53612 29805 1297117 PURCHASED COLLECTIONS 209481 209481 X 819425 205240 17436 222676 596749 596749 803649 17436 17436 786213 786213 SCHEDULE D, PAGE 1, PART III, LINE 1A THE MUSEUM DOES NOT RECORD DONATED ARTICLES THAT BECOME PART OF ITS FLY FISHING COLLECTION. CURRENTLY, THE MUSEUM OWNS AN EXTENSIVE FLY FISHING COLLECTION THAT IS NOT REPORTED IN THE FINANCIAL STATEMENTS SINCE A DOLLAR VALUATION WAS NOT ASSIGNED UPON DONATION. PURCHASED ACCESSIONS HAVE BEEN RECORDED AT COST. SCHEDULE D, PAGE 2, PART III, LINE 4 THE MUSEUM MAINTAINS COLLECTIONS OF FLY FISHING TACKLE, FLIES, RODS, REELS, ROD-MAKING TOOLS, PAINTINGS, BOOKS AND OTHER MEMORABILIA FOR EDUCATION OF THE GENERAL PUBLIC ON THE HISTORY OF FLY FISHING. SCHEDULE D, PAGE 3, PART X THE MUSEUM IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION AS DEFINED IN SECTION 509(A). THE MUSEUM WOULD BE SUBJECT TO TAX ON INCOME UNRELATED TO ITS EXEMPT PURPOSES (UNLESS THAT INCOME IS OTHERWISE EXCLUDED BY THE CODE). THE TAX YEARS ENDING DECEMBER 2022, 2021 AND 2020 ARE STILL OPEN FOR AUDIT FOR BOTH FEDERAL AND STATE PURPOSES. CONTRIBUTIONS TO THE MUSEUM ARE TAX DEDUCTIBLE TO DONORS UNDER SECTION 170 OF THE CODE. SCHEDULE D, PAGE 4, PART XI, LINE 2D GIFT SHOP COST OF GOODS SOLD CHARGES 17,436 SCHEDULE D, PAGE 4, PART XII, LINE 2D GIFT SHOP COST OF GOODS SOLD CHARGES 17,436 HERITAGE AWARD 216377 164726 51651 848 28850 4460 17493 IZAAC WALTON 33410 31645 1765 1765 1 249787 196371 53416 848 28850 4460 19258 53416 X 3 28959 QUOTED MARKET PRICE X MUSEUM ITEMS 35 NO REVENUE RECORDED false false false FORM 990 - ORGANIZATION'S MISSION THE AMERICAN MUSEUM OF FLY FISHING IS THE STEWARD OF THE HISTORY, TRADITIONS, AND PRACTICES OF THE SPORT OF FLY FISHING AND PROMOTES THE CONSERVATION OF ITS WATERS. THE MUSEUM COLLECTS, PRESERVES, EXHIBITS, STUDIES, AND INTERPRETS THE ARTIFACTS, ART, AND LITERATURE OF THE SPORT AND USES THESE RESOURCES TO ENGAGE, EDUCATE, AND BENEFIT ALL. FORM 990, PAGE 6, PART VI, LINE 2 BOB SCOTT JASON SCOTT TRUSTEE TRUSTEE FAMILY RELATIONSHIP FORM 990, PAGE 6, PART VI, LINE 6 THE MUSEUM OFFERS MEMBERSHIPS TO THE GENERAL PUBLIC. MEMBERS RECEIVE FREE MUSEUM ADMITTANCE, INVITATIONS TO EVENTS, DISCOUNTS AT THE MUSEUM GIFT SHOP, AND A SUBSCRIPTION TO THE JOURNAL PUBLISHED BY THE MUSEUM. FORM 990, PAGE 6, PART VI, LINE 11B THE ACCOUNTING DEPARTMENT COORDINATES PREPARATION OF FORM 990 AND REVIEWS THE RETURN. THE EXECUTIVE DIRECTOR ALSO REVIEWS AND SIGNS THE RETURN BEFORE IT IS FILED. FORM 990, PAGE 6, PART VI, LINE 15A COMPENSATION RECOMMENDATIONS ARE MADE TO THE BOARD OF TRUSTEES BY THE EXECUTIVE DIRECTOR. THE BOARD OF TRUSTEES MUST APPROVE ALL COMPENSATION AMOUNTS. MEETING MINUTES OF THE TRUSTEES RECORD ALL SUCH APPROVALS. FORM 990, PAGE 6, PART VI, LINE 15B COMPENSATION RECOMMENDATIONS ARE MADE TO THE BOARD OF TRUSTEES BY THE EXECUTIVE DIRECTOR. THE BOARD OF TRUSTEES MUST APPROVE ALL COMPENSATION AMOUNTS. MEETING MINUTES OF THE TRUSTEES RECORD ALL SUCH APPROVALS. FORM 990, PAGE 6, PART VI, LINE 19 UPON REQUEST FORM 990, PART XI, LINE 9 GIFT SHOP COST OF GOODS SOLD CHARGES 17,436 GIFT SHOP COST OF GOODS SOLD CHARGES -17,436